THE COMMISSIONER OF INCOME TAX, HYD vs. CARGO HANDLING PRIVATE WORKERS POOL, VISAKHAPATNAM

Accordingly, the I.T.T.A. is dismissed

Bench: C.PRAVEEN KUMAR,TARLADA RAJASEKHAR RAO

260(A) of the Income Tax Act, 1961 [„I.T. Act‟], assailing the Order passed in I.T.A. No. 525/Vizag/2014, for the Assessment Year 1997-1998. 2. The Respondent Assessee filed its return of income for the Assessment Year 1997-98 on 07.11.1997, declaring “NIL” income, after claiming exemption to a tune of Rs.27,91,858/-, under Section